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Sell-side Advisor

Clearwater

09/30/2025 Security Software Complete
Private Companies
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Transaction Details

On September 30, 2025, Clearwater announced that is has been acquired by Sunstone Partners.

According to Baxter Lee, President of Clearwater, “Sunstone Partners’ investment is a powerful endorsement of Clearwater’s strategy, people and impact. It gives us the resources to expand, innovate and strengthen our role as a trusted cybersecurity and compliance partner. Most importantly, we remain committed to delivering the same exceptional service and outcomes our clients have come to expect.”

“Clearwater has built an extraordinary platform for driving cybersecurity and compliance excellence across the healthcare ecosystem and the defense industrial base,” said Gustavo Alberelli, Managing Partner & Co-Founder at Sunstone Partners. “We are thrilled to partner with the Clearwater team to help accelerate their growth and deepen their impact on key critical infrastructure sectors.”

About the company

Clearwater
Clearwater helps organizations across the healthcare ecosystem move to a more secure, compliant, and resilient state so they can achieve their missions. The company provides a deep pool of experts across a broad range of cybersecurity, privacy and compliance domains, purpose-built software that enables efficient identification and management of cybersecurity and compliance risks, managed cloud services, and a 24/7 Security Operations Center with managed threat detection and response capabilities.

Sunstone Partners
Sunstone Partners is a growth-oriented private equity firm that invests in AI- and Technology-enabled services and software companies. The firm seeks to partner with exceptional management teams, often as their first institutional capital partner, to help accelerate organic growth and fund acquisitions. Founded in 2015, the firm has $1.7 billion committed capital to its three funds.

Source: Clearwater Press Release
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